CodeWord Issue 50 - November 2019

Published 18 November 2019

In this issue

Limited Partnerships and Control of Code Company Voting Rights

IntroductionLimited partnerships (LPs) are increasingly common in New Zealand, including as investment vehicles that acquire or otherwise hold or control shares in Code companies.

This article...

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Code to Exclude Small Code Companies

The Regulatory Systems (Economic Development) Amendment Act (No 2) 2018 (the Act) received Royal assent on 13 November 2019. The Act amends the Takeovers Code and the Takeovers Act 1993, the key...

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Christmas Closedown

The Takeovers Panel offices will be closed from 23 December 2019, and reopen on 6 January 2020. While the office is closed, the Panel executive will be monitoring emails. For urgent matters, they may...

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CodeWord is our regular newsletter that keeps market practitioners updated on the Panel’s guidance and determinations, as well as amendments to takeovers law. It also gives an overview of consultations with the market and any Panel news.

Please note that the Panel does not update past issues of CodeWord. As such, the material may become out of date when amendments are made to the Code. Please refer to the Panel's guidance notes for up-to-date regulatory guidance.

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Past Issues

CodeWord Issue 50 - 18 November 2019
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CodeWord Issue 49 - 9 September 2019
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CodeWord Issue 48 - 14 March 2019
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CodeWord Issue 47 - 26 October 2018
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CodeWord Issue 46 - 1 March 2018
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CodeWord Issue 45 - 1 December 2017
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CodeWord Issue 44 - 1 June 2017
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CodeWord Issue 43 - 1 December 2016
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CodeWord Issue 42 - 1 October 2016
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CodeWord Issue 41 - 1 December 2015
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